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Shares of Fortinet Inc. (FTNT) slipped 2.80% to $322.63 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.18% to 4,574.79 and the Dow Jones Industrial Average rising 0.04% to 35,756.88. This was the stock's second consecutive day of losses. Fortinet Inc. closed $22.62 below its 52-week high ($345.25), which the company reached on October 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Cisco Systems Inc. (CSCO) rose 1.22% to $55.81 and HP Inc. (HPQ) fell 1.60% to $30.14. Trading volume (1.4 M) eclipsed its 50-day average volume of 876,325.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2021.
(END) Dow Jones Newswires
October 26, 2021 16:55 ET (20:55 GMT)
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